Mar 14, 2024 - News
Phoenix's population has grown by nearly 200K since 2020
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Phoenix added 195,000 people between 2020 and 2023, according to new estimates from the Census Bureau released Thursday.
The big picture: The influx of newcomers represented a 4% population increase.
- That's compared with a 1% increase nationwide.
Why it matters: The Valley's population growth is, in part, a testament to expanding job opportunities.
Yes, but: Metro Phoenix now has an extreme housing shortage that's driven up house and apartment costs and priced out working class families.
How it works: The new data comes from the Census Bureau's annual Population Estimates Program, which estimates the population between censuses.